MAS and SC will set up cross-border supervisory and enforcement arrangements, and work with SGX and BM to get the trading link off the ground by the end of 2018.
SINGAPORE (Feb 7): Analysts say the proposed creation of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) is a positive move which could improve efficiency, reduce costs, and drive liquidity on both stock markets.
The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) on Tuesday announced plans for the network, which will allow cross-border clearing and settlement of traded stocks.
